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12:25 PM ET, July 26, 2011

memeorandum

 Top Items: 
Andrew Malcolm / Top of the Ticket:
New polls confirm Obama's Democratic base crumbles  —  With all of the spotlights on the high-stakes debt maneuverings by President Obama and Speaker John Boehner the last few days, few people noticed what Vermont's Sen. Bernie Sanders said:  —  “I think it would be a good idea if President Obama faced some primary opposition.”
RELATED:
Ylan Q. Mui / Washington Post:
More Americans unhappy with Obama on economy, jobs  —  More than a third of Americans now believe that President Obama's policies are hurting the economy, and confidence in his ability to create jobs is sharply eroding among his base, according to a new Washington Post-ABC News poll.
New York Times:
The Republican Wreckage  —  House Republicans have lost sight of the country's welfare.  It's hard to conclude anything else from their latest actions, including the House speaker's dismissal of President Obama's plea for compromise Monday night.  They have largely succeeded in their campaign …
The Hill:
Conservatives denounce Boehner plan  —  The chairman of the conservative Republican Study Committee wasted little time announcing his opposition to the House GOP leadership's two-step plan to raise the debt ceiling.  —  Rep. Jim Jordan (R-Ohio), who stood — visibly uncomfortable …
The White House:
Address by the President to the Nation  —  THE PRESIDENT: Good evening.  Tonight, I want to talk about the debate we've been having in Washington over the national debt — a debate that directly affects the lives of all Americans.  —  For the last decade, we've spent more money than we take in.
David Espo / Business Week:
Challenging Obama, House GOP unveils new debt bill
Discussion: The Agonist
David Beard / NationalJournal.com:
Congressional Websites Crash After Obama Urges People to Reach Out on Debt Ceiling
RELATED:
William Kristol / Weekly Standard:
Baby Talk  —  I was struck by these sentences in President Obama's speech: … Consider the condescension implicit in the president's statement—"a term that most people outside of Washington have probably never heard of before."  These “people outside of Washington” are not little children …
Lisa Lerer / Bloomberg:
Republican Leaders Voted for Drivers of U.S. Debt They Now Blame on Obama  —  House Speaker John Boehner often attacks the spendthrift ways of Washington.  —  “In Washington, more spending and more debt is business as usual,” the Republican leader from Ohio said in a televised address yesterday amid debate over the U.S. debt.
RELATED:
The Hill:
Cantor tells GOP to ‘stop whining’ about Boehner debt ceiling plan
Byron York / Washington Examiner:   Conservatives bridle at trillions in ‘phony’ cuts
Robinson / nation.foxnews.com:
O'Reilly Shreds Media for Calling Norway Terrorist ‘Christian’  —  BILL O'REILLY, FOX NEWS HOST: “Impact” segment tonight: mass murder in Norway.  A vicious killer, Anders Breivik, has murdered at least 76 people in the Scandinavian nation of Norway.  Breivik is a brutal fanatic …
RELATED:
David Brooks / New York Times:
Congress In the Lead  —  Some of us like to think big.  We thought at the beginning of this debt crisis that it might be possible to reach a Grand Bargain.  This deal would make a serious dent in the country's awful debt problem.  It would begin to reform entitlements.
PewResearch.org:
Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics  —  Twenty-to-One  —  By Rakesh Kochhar, Richard Fry and Paul Taylor, Pew Research Center's Social & Demographic Trends  —  The median wealth of white households is 20 times that of black households and 18 times …
RELATED:
Hope Yen / Yahoo! News:
Wealth gap widens between whites, minorities
Catherine Rampell / New York Times:
The Help-Wanted Sign Comes With a Frustrating Asterisk  —  The unemployed need not apply.  —  That is the message being broadcast by many of the nation's employers, making it even more difficult for 14 million jobless Americans to get back to work.  —  A recent review of job vacancy postings …
Discussion: Economix and Balloon Juice
Dan Bilefsky / New York Times:
A Revenge Plot So Intricate, the Prosecutors Were Pawns  —  Soon after Seemona Sumasar started dating Jerry Ramrattan, she had an inkling that something might be wrong.  —  He said he was a police detective, but never seemed to go to work.  He seemed obsessed with “C.S.I.,” “Law & Order” and other television police dramas.
Discussion: Hit & Run, Shakesville and Althouse
WQAD-TV:
Bachmann walks away from WQAD  —  Davenport, Iowa— Michele Bachmann made a visit to the Quad Cities last night to speak with supporters and give interviews to the local television media, that is, with one exception.  Despite promises to WQAD for a one-on-one interview the Congresswoman's managers openly …
Katherine Burton / Bloomberg:
Soros to End Hedge-Fund Career, Return Money  —  George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades.
David Nakamura / Washington Post:
Obama leaves Hispanic activists unsatisfied  —  President Obama might be looking for allies anywhere he can find them during the contentious debt limit debate that has consumed Washington this month.  But, as he learned Monday, he would be wise not to forget about his base while his focus is aimed at battling House Republicans.
Michael O'Brien / The Hill:
Bachmann has skipped 37 percent of votes since launching bid  —  Rep. Michele Bachmann (R-Minn.) has missed nearly 40 percent of votes in the House since she formally launched her presidential campaign.  —  Bachmann's absentee rate, which is significantly higher than the two other House members running …
Paul Davidson / USA Today:
Texas bucks national unemployment trend  —  Need a job?  —  Move to Texas  —  Finding work may not be quite that simple, but it sure seems that way.  While the nation's job growth has limped along since the economic recovery began two years ago, the Lone Star State is enlarging
BBC:
‘Tell the police to hurry.  People are dying here!’  —  Julie Bremnes, 16, was one of the youths caught on Utoeya island during Anders Behring Breivik's killing spree on Friday.  —  She first called her mother, Marianne, at 1710 to tell her there was “a crazy man who is shooting here” on the island.
Discussion: National Review
Harriet Baskas / msnbc.com:
Bladder cancer survivor has new run-in with TSA  —  Thomas Sawyer, a 62-year-old bladder cancer survivor who made headlines last November after a pat-down left him covered in his own urine, has filed a new complaint with the Transportation Security Administration.
Discussion: Mediaite and Right Wing News
Maeve Reston / Los Angeles Times:
Brown signs California Dream Act  —  New law covers private funding; governor signals he may also favor expanding public Cal Grants eligibility.  —  Following through on a campaign promise, Gov. Jerry Brown signed a law Monday easing access to privately funded financial aid for undocumented college students.
Telegraph:
Norway killer Anders Behring Breivik had extensive links to English Defence League  —  Anders Behring Breivik had extensive links to the far-Right English Defence League, senior members of the group have admitted.  —  Anders Behring Breivik leaves court on Monday
 
 
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 More Items: 
Greg Sargent / Washington Post:
Right wing money pours into Wisconsin recall wars
Discussion: Daily Kos and TPMDC
Mike Mullen / New York Times:
A Step Toward Trust With China
Discussion: The Politico
Digby / Hullabaloo:
Where ya gonna go?  —  Ed Kilgore has a thoughtful piece …
Ashley Halsey III / Washington Post:
Partial FAA shutdown cripples operations for third day
Paul Westcott / WGIR-AM:
On Air
Discussion: The Politico and Hot Air
Steven Hayward / Power Line:
I would remind you that extremism in defense of solvency is no vice
 Earlier Items: 
Jonathan Cohn / The New Republic:
Bigger Government, Smaller People? Not Really, Mr. Speaker
Real Clear Politics:
Perry, Conservatives and Gay Marriage: An Evolving View?
Discussion: GOP 12 and Hit & Run
Michael O'Brien / The Hill:
Durbin: GOP presidential candidates 'don't understand reality'
Andrew Restuccia / The Hill:
OVERNIGHT ENERGY: Fight over Keystone XL to reach House floor
Mark J. Perry / The Enterprise Blog:
Chart of the Day: The Higher Education Bubble
Michael O'Brien / The Hill:
Gingrich regrets 2008 climate ad with Pelosi
Craig Kanalley / The Huffington Post:
Congress Websites Down: House, Senate Sites Not Working (UPDATE)
Discussion: The Politico
Ian Millhiser / ThinkProgress:
Mike Lee: I Want America's ‘House To Come Down’ Unless Congress Votes To Rewrite Constitution
Discussion: Crooks and Liars
 

 
From Mediagazer:

Kiyoshi Takenaka / Reuters:
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder

Katie Robertson / New York Times:
Semafor plans to launch an invite-only newsletter for CEOs, The CEO Signal, in January 2025, written by former FT US News Editor Andrew Edgecliffe-Johnson

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish removed an article on Tron founder Justin Sun after complaints from his team; editorial chair Matt Murray resigned on Dec. 16

 
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